11/4/2023 0 Comments Synopsis of challenger sale“We felt the team here was really experienced and have a lot of shared values. It also operates Neo Wealth Partners, a dedicated platform for investment advisors, where it supports the wealth managers through technology and allows them to provide tailored wealth solutions to clients. The group’s other business verticals include its wealth advisory business called Neo World, which is under beta launch. Neo is aiming to make a final close of Rs 2,000 crore each for both these funds in the next six to nine months, Jain said. Towards this, the company has launched two alternative investment funds including Neo Special Credit Opportunities Fund and its infrastructure fund Neo Infrastructure Income Opportunities Fund.Įarlier this month, the Infrastructure Income Opportunities Fund announced its first close at Rs 600 crore from domestic high net worth individuals. On the asset management front, Neo works towards providing alternative investment solutions focusing on the private credit and real asset space such as real estate, energy and infrastructure.
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